IN Groupe acquires Gleitsmann Security Inks

IN Groupe has agreed to acquire 100% of the shares of Gleitsmann Security Inks GmbH (“GSI”) from Hubergroup Deutschland GmbH for an undisclosed consideration in cash.

GSI has 80 employees and is expected to generate a double-digit million EUR figure of revenue in this calendar year and throughout the business plan period. Image source: K.-U.-Haessle-Fotolia (symbol image).

IN Groupe (formerly known as Imprimerie Nationale) is a French-headquartered global specialist in identity and secured digital services, addressing more than 130 countries in the world. In addition to its solutions dedicated to legal and professional identity security, IN Groupe develops and sales leading- edge security components for identities, and banknotes through its dedicated brands Surys (optical components) and SPS (electronic components).

Manufacturer of high security printing inks

GSI is a leading global manufacturer of high security printing inks and associated auxiliaries. With its worldwide operations based in Berlin, Germany, and a history of 175 years it is a partner of many state print works and commercial security printing companies throughout the world. The business has 80 employees and is expected to generate a double-digit million EUR figure of revenue in this calendar year and throughout the business plan period.

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